首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Changes in the volume of unemployment are governed by three fundamental forces: the growth of the labor force, the increase in o
Changes in the volume of unemployment are governed by three fundamental forces: the growth of the labor force, the increase in o
admin
2014-03-02
43
问题
Changes in the volume of unemployment are governed by three fundamental forces: the growth of the labor force, the increase in output per man hour, and the growth of total demand for goods and services. Changes in the average hours of work enter in exactly parallel fashion but have been quantitatively less significant. As productivity rises, less labor is required per dollar of national product, or more goods and services can be produced with the same number of man—goods.
If output does not grow, employment will certainly fall; if production increases more rapidly than productivity (less any decline in average hours worked, employment must rise. But the labor force grows, too. Unless gross national product (total final expenditure for goods and services corrected for price changes) rises more rapidly than the sum of productivity increase and labor force growth (again modified for any change in hours of work), the increase in employment will be inadequate to absorb the growth in the labor force. Inevitably the unemployment rate will increase. Only when total production expands faster than the rate of labor force growth plus the rate of productivity increase and minus the rate at which average annual hours fall does the unemployment fall. Increases in productivity were more important than growth of the labor force as sources of the wide gains in output experienced in the period from the end of the war to the mid-sixties. These increases in potential production simply were not matched by increases in demand adequate to maintain steady full employment.
Except for the recession years of 1949, 1954, and 1958, the rate of economic growth exceeded the rate of productivity increase. However, in the late 1950s productivity and labor force were increasing more rapidly than usual, while the growth of output was slower than usual. This accounted for the change in employment rates.
But if part of the national purpose is to reduce and contain unemployment, arithmetic is not enough. We must know which of the basic factors we can control and which we wish to control. Unemployment would have risen more slowly or fallen more rapidly if productivity had increased more slowly, or the labor force had increased more slowly, or the hours of work had fallen more steeply, or total output had grown more rapidly. These are not independent factors, however, and a change in any of them might have caused change in the others.
A society can choose to reduce the growth of productivity, and it can probably find ways to frustrate its own creativity. However, while a reduction in the growth of productivity at the expense of potential output might result in higher employment in the short run, the long-run effect on the national interest would be disastrous.
We must also give consideration to the fact that hidden beneath national averages is continuous movement into, out of, between, and within labor markets. For example, 15 years ago, the average number of persons in the labor force was 74 million, with about 70 million employed and 3.9 million unemployed. Yet 14 million experienced some term of unemployment in that year. Some were new entrants to the labor force; others were laid off temporarily, the remainders were those who were permanently or indefinitely severed from their jobs. Thus, the average number unemployed during a year understates the actual volume of involuntary-displacement that occurs.
High unemployment is not an inevitable result of the pace of technological change but the consequence of passive public policy. We can anticipate a moderate increase in the labor force accompanied by a slow and irregular decline in hours or work. It follows that the output of the economy—and the aggregate demand to buy it—must grow by more than 4 percent a year just to prevent the unemployment rate from rising, and by even more if the unemployment rate is to fail further. Yet our economy has seldom, if ever, grown at a rate greater than 3.5 percent for any extended length of time.
We have no cause for complacency. Positive fiscal, monetary, and man power policies will needed in the future.
It can be inferred from the passage that the author would ______.
选项
A、advocate a carefully managed economy
B、prefer the employment rate to rise arid fall with the value of the gross national product as a check on labor costs
C、perceive high unemployment as undesirable, but unavoidable
D、contend that manipulation of the size of the labor force would prevent recessions in the years noted
答案
A
解析
其余三项不符合事实。
转载请注明原文地址:https://jikaoti.com/ti/Da6YFFFM
0
考博英语
相关试题推荐
Thelowoperatingcostsoftheforeigncompanywill______thehighlaborcoststhebusinesspaysinitsowncountry.
Sleepisanimportantpartofourlives.Wespendaboutone-thirdofourlivessleeping.Formillionsofpeople,【51】,gettingen
positiondefineforgetfulfancykeybalanceimportanceunhealthylacksubjectopenple
positiondefineforgetfulfancykeybalanceimportanceunhealthylacksubjectopenple
Statesareconsideringmajorchangesinprepaidcollegetuitionprograms-raisingprices,restrictingparticipationofcancelin
Statesareconsideringmajorchangesinprepaidcollegetuitionprograms-raisingprices,restrictingparticipationofcancelin
Theracialtheoryofcivilizationhasceasedtobescientificallyrespectable.Todayweonlyknowitasasophisticalexcusefor
CampaigningontheIndianfrontierisanexperiencebyitself.Neitherthelandscapenorthepeoplefindtheircounterpartsina
CampaigningontheIndianfrontierisanexperiencebyitself.Neitherthelandscapenorthepeoplefindtheircounterpartsina
ThatPacificislandattractsshoalsoftouristswithitsrich______offolkarts.(北京大学2005年试题)
随机试题
A.喘B.哮C.短气D.少气E.咳嗽
患者,女,36岁。症见倦怠乏力,食少便溏,四肢不温,月经量多,上臂和大腿皮下有瘀斑,心悸心慌,舌淡苔薄白,脉沉迟。治宜选用的方剂是
下面指标属于Tweed分析法构成的是
自动投案的时间必须是在犯罪以后,犯罪事实未被司法机关发觉以前,或虽然犯罪事实已被发现,但司法机关尚未掌握或者犯罪事实和犯罪分子均已被发现,但尚未采取强制措施之前。 ( )
公共财政的资源配置职能,是指将一部分()集中起来,形成财政收入,然后通过财政支出活动,由政府提供公共物品或服务,引导社会资金流向,弥补市场缺陷。
商品流通企业在采购商品过程中发生的进货费用,应当计入存货采购成本,也可以先进行归集,期末根据所购商品的存销情况进行分摊,对于已售商品的进货费用计入当期损益;对于未售商品的进货费用,计入期末存货成本。()
下列不是合同签订应遵循的基本原则的是()。
实践是检验真理的唯一标准,但并不排斥逻辑证明的作用。逻辑证明是根据前提条件推断出某种结论的思维过程,它是探索真理、论证真理和扩大真理范围的手段,是对实践标准的一个重要补充,但不是检验真理的标准。这是因为
Youaregoingtoreadalistofheadingsandatextaboutplagiarismintheacademiccommunity.Choosethemostsuitableheading
IfyourchildisaskingforUggbootsorapriceyhottoyfortheholidays,it’stimeforateachablemoment.Evenifyourkidh
最新回复
(
0
)